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TABLE 11-3
The director of transportation of a large company is interested in the usage of her van pool. She considers her routes to be divided into local and non-local. She is particularly interested in learning if there is a difference in the proportion of males and females who use the local routes. She takes a sample of a day's riders and finds the following:
She will use this information to perform a chi-square hypothesis test using a level of significance of 0.05.
-Referring to Table 11-3, the overall or mean proportion of local riders is ________.
Monte Carlo Simulation
A computational technique that uses random sampling to obtain numerical results, often used for risk assessment or to solve physical and mathematical problems.
Cumulative Probability Distribution
A function that gives the probability that a random variable is less than or equal to a certain value.
Monte Carlo Analysis
A statistical technique that uses random sampling and simulation to estimate the probability of different outcomes in a process or decision-making.
Random Number Range
The interval within which random numbers can be generated, used in simulations and probabilistic models to represent unpredictable variables.
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